Vinge has advised Stadsnätsbolaget Sverige AB (”Stadsnätsbolaget”) in conjunction with its sale of five fibre networks in Eskilstuna, Strängnäs, Salem, Haninge and Södertälje to a start-up company (Fibernät i Mellansverige AB) which is owned and managed by Pareto Business Management AB.
The fibre network provides approximately 10 000 households in Central Sweden with internet connections. The acquisition is a so called sale and leaseback where the fibre network is sold, but is thereafter conducted and maintained by Stadsnätsbolaget. The transaction is an innovative financing arrangement which gives Stadsnätsbolaget the possibility to continue to invest and further develop fibre networks in Sweden.
Vinge’s team consisted of responsible partner Jonas Bergström and associate Alex Miler. Partner Assur Badur and associate Frida Ställborn provided real estate law advice.